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There isn't zero risk the shareholders of PG&E lost 80% of the value of the stock since 2017. Since I analysis systems for a living and for fun, it would be in
by lamarpye 8y ago
There isn't zero risk the shareholders of PG&E lost 80% of the value of the stock since 2017.
Since I analysis systems for a living and for fun, it would be interesting to look at PG&E books. How much maintenance was deferred? It is possible to properly maintain their equipment with the current rate structure?
Maybe the company was put in an impossible situation by the Public Utilities Comission.
- olliej 8y agoThe shareholders made huge returns in the prior decades. So how much of that loss was a correction caused by the market realising the way historic profits were created was going to start costing shortly?
- deleted 8y ago[deleted]